The figure, though, appears to wildly overestimate the average cost per farm in the state.

It's based on a study by MU's Food and Agricultural Policy Research Institute, known as FAPRI. The study (attached below) found costs would go up by $11,649 annually for a "representative" 1,900-acre farm in Lafayette County, Mo. if the House cap-and-trade bill becomes law, increasing to $30,152 by 2050.

Bond used those figures in his statement.

But most Missouri farms are nowhere near 1,900 acres. In fact, the USDA says, more than 87 percent of Missouri farms are 500 acres or less. Less than 4 percent are between 1,000 and 2,000 acres.